1Z0-1082-22 Online Practice Questions and Answers

Which Is NOT a key quality of the Models Interface In Profitability and Cost Management?

A. Setting up the flow of funds through the financial system

B. Managing and running reports

C. Managing rules and rule sets

D. Point and click model administration and calculation

Assume that the proper data permissions have been assigned In Profitability and Cost Management. Which two actions can you perform In Smart View?

A. Display Analysis Views and Profit Curves that you created in Profitability and Cost Management in an Excel spreadsheet.

B. Create reusable Smart Queries to use for ad hoc reporting and analysis In Excel.

C. Update driver data in Excel and submit the changes back to Profitability and Cost Management.

D. Update dimension members and properties In Excel and submit the changes back to Profitability and Cost Management.

Which two statements are true about allocation offset for allocation rules?

A. Offsets are written to the Allocation Offset member of the Balance dimension, in combination with the other dimension members defined for the offset.

B. Defining an allocation offset Is optional.

C. The offset location defines the member to hold any unallocated data from the source.

D. By default, offsets are written to the source.

Which two are valid statements about Profitability and Cost Management application requirements?

A. Changes to Profitability and Cost Management dimensions must be deployed to the underlying Essbase database before running allocations.

B. You must have access to a separate instance of Oracle Analytics Cloud (Essbase) to use as the underlying data storage for Profitability and Cost Management.

C. You can configure the underlying Essbase database as either a Block Storage (BSO) type or Aggregate Storage (ASO) type.

D. Applications must have a Point of View with Year, Period, and Scenario dimensions.

E. An EPM Cloud service instance can support only one Profitability and Cost Management application at a time.

Which three are valid functions of logic accounts In Data Management?

A. Logic accounts allow the mapping of a source account based on its value (conditional mapping).

B. Logic accounts can perform arithmetic operations on source values (arithmetic mapping).

C. Logic accounts determine how the source fields are stored In the Data Management staging tables (storing mapping).

D. Simple logic groups enable you to derive logic items front any combination of dimensions (derived mapping).

E. Logic accounts allow the mapping of one source account to multiple target accounts (statistical mapping).

Which role is required to create and manage user accounts for Profitability and Cost Management?

A. Service Administrator

B. Identity Domain Administrator or Security Administrator

C. Identity Domain Administrator or Service Administrator

D. Identity Domain Administrator

E. Security Administrator

Which two statements are true about allocation tracing?

A. You can trace allocation inputs and outputs both forward and backward.

B. You select the rule you want to trace In the trace parameters.

C. Allocation traces can be performed across multiple business dimensions simultaneously.

D. It is a graphical representation of how allocations flow in and out of application elements.

Which Is NOT a valid Point of View (POV) state?

A. Archived

B. Final

C. Published

D. Draft

Assume the computer hardware supports parallel calculation. Given these two rule sets, in what order will the rules be calculated?

A. Rule 1, Rule A, and Rule 5 will run In parallel; then Rule 2, Rule, 3, and Rule 6 will run in parallel (two separate calculation steps).

B. Rule 1; then Rule 2 and Rule 3 will run in parallel; then Rule 4 and Rule 5 will run in parallel; then Rule 6 (four separate calculation steps).

C. Rule 1, Rule A, and Rule 5 will run in parallel while Rule 2, Rule 3, and Rule 6 also run in parallel (one calculation step).

D. Rule 1; then Rule 4 and Rule 5 will run in parallel; then Rule 2 and Rule 3 will run in parallel; then Rule 6 (four separate calculation steps).

Which statement Is FALSE about Analysis Views?

A. They can be viewed by any user of the application.

B. You canadd formatting to the report results.

C. You can export their data to Excel for further processing.

D. You can use them as the basis for dashboards.